Meritor 4th-qtr profit falls

Newswire

Nov 14 (Reuters) - Truck parts maker Meritor Inc posted a fall in quarterly profit, hurt by weak sales in Brazil, India and China. Net income from continuing operations fell to $4 million, or 4 cents per share, in the fourth quarter from $38 million, or 40 cents per share, a year earlier. Excluding items, Meritor earned 32 cents per share. Revenue dropped 19 percent to $986 million.

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